The cryptocurrency market has been buzzing with activity following a recent statement from Jesse Pollak, a prominent figure in the blockchain space, who tweeted on April 28, 2025, at 10:15 AM UTC, 'today is a great day to build on @base' (Source: Twitter, @jessepollak). This statement has sparked significant interest among traders and developers, particularly in the context of Base, an Ethereum Layer 2 solution backed by Coinbase, designed to enhance scalability and reduce transaction costs. As of April 28, 2025, at 12:00 PM UTC, the price of Ethereum (ETH), closely tied to Base's ecosystem, saw a notable uptick of 3.2%, moving from $3,150 to $3,251 on major exchanges like Binance and Coinbase (Source: CoinGecko). Trading volume for ETH spiked by 18% within the same hour, reaching $12.5 billion across spot markets, indicating heightened market interest (Source: CoinMarketCap). Additionally, on-chain metrics for Base showed a 25% increase in daily active users, rising to 150,000 as of 1:00 PM UTC on April 28, 2025, reflecting growing adoption (Source: Dune Analytics). This surge aligns with broader market sentiment favoring Layer 2 solutions, as investors seek low-cost alternatives amid Ethereum's high gas fees. For traders focusing on AI-related tokens, this development is also relevant, as Base's infrastructure could support AI-driven decentralized applications (dApps), potentially boosting tokens like Render Token (RNDR) and Fetch.ai (FET). As of 2:00 PM UTC on April 28, 2025, RNDR saw a 2.8% price increase to $7.85, with a trading volume of $85 million, up 10% from the previous 24 hours (Source: Binance). This correlation suggests a crossover opportunity for traders monitoring AI and crypto intersections.

The trading implications of Jesse Pollak's statement are multifaceted, especially for those eyeing Ethereum and Layer 2-related assets. Following the tweet at 10:15 AM UTC on April 28, 2025, the ETH/BTC trading pair on Binance recorded a 1.5% gain, moving from 0.048 BTC to 0.0487 BTC by 3:00 PM UTC, showcasing Ethereum's relative strength against Bitcoin during this period (Source: Binance). For Base-specific metrics, decentralized exchange (DEX) volume on the network surged by 30%, hitting $250 million in transactions within 24 hours as of 4:00 PM UTC on April 28, 2025 (Source: DefiLlama). This spike indicates growing liquidity and trader confidence in Base's ecosystem, potentially driven by the public endorsement. For AI-crypto crossover opportunities, Fetch.ai (FET) also exhibited a 3.1% price rise to $1.45, with a trading volume increase of 12% to $62 million as of 5:00 PM UTC on April 28, 2025 (Source: Coinbase). The connection lies in Base's potential to host AI dApps, which could drive demand for AI tokens as developers build machine learning models on scalable blockchain infrastructure. Traders should watch for continued momentum in these pairs, particularly ETH/USDT and FET/USDT, as sentiment around Base could fuel short-term rallies. Long-tail keyword searches like 'Base Layer 2 trading opportunities 2025' or 'AI tokens on Ethereum L2' are trending, reflecting user intent to capitalize on these developments (Source: Google Trends).

From a technical analysis perspective, Ethereum's price action post-tweet shows bullish signals. As of 6:00 PM UTC on April 28, 2025, ETH's Relative Strength Index (RSI) on the 4-hour chart stands at 62, indicating room for further upside before overbought conditions (Source: TradingView). The Moving Average Convergence Divergence (MACD) also flipped positive, with the signal line crossing above the MACD line at 2:30 PM UTC, suggesting bullish momentum (Source: TradingView). Trading volume for ETH/USDT on Binance reached $4.2 billion in the 24 hours following the tweet, a 20% increase compared to the prior day (Source: Binance). For AI tokens like RNDR, the 50-day Moving Average crossed above the 200-day Moving Average at 3:15 PM UTC on April 28, 2025, forming a golden cross, a strong bullish indicator (Source: TradingView). On-chain data further supports this, with Base's total value locked (TVL) rising by 15% to $1.8 billion as of 7:00 PM UTC on April 28, 2025 (Source: DefiLlama). For traders, these indicators suggest potential entry points around current levels, with stop-losses below key support at $3,100 for ETH. The correlation between AI tokens and Base's growth also warrants attention, as AI-driven trading bots could amplify volume on Base, impacting market sentiment. Searches for 'best AI crypto tokens 2025' and 'Ethereum Layer 2 price prediction' are gaining traction, positioning this analysis for featured snippets (Source: Google Trends). In summary, the market response to building on Base, combined with AI-crypto synergies, offers actionable trading insights for both short-term and long-term strategies.

FAQ Section:
What is the impact of Base on Ethereum's price in 2025?
The endorsement of Base by Jesse Pollak on April 28, 2025, at 10:15 AM UTC contributed to a 3.2% price increase for Ethereum, moving from $3,150 to $3,251 by 12:00 PM UTC, with trading volume spiking 18% to $12.5 billion (Source: CoinGecko, CoinMarketCap). This reflects growing confidence in Layer 2 solutions like Base.

How are AI tokens connected to Base's development?
AI tokens like Render Token (RNDR) and Fetch.ai (FET) saw price increases of 2.8% and 3.1%, respectively, on April 28, 2025, as Base's scalability could support AI-driven dApps, driving demand for such tokens with trading volumes rising by 10-12% (Source: Binance, Coinbase).